REAL ESTATE ATTORNEY ATLANTA
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YOUR SOURCE FOR ATLANTA REAL ESTATE CLOSINGS
Responsive and Cost-Efficient Solutions
Do you need help:
- Residential or commercial real estate closings in metro Atlanta?
- Protecting your investment with additional legal assistance?
- Analyzing contracts and agreements?
- Dealing with real estate disputes?
If so, contact Faulkner Law – one of the best real estate attorneys, Atlanta, GA. Drawing on more than 16 years of legal experience, our responsive and effective lawyer can assist you with real estate law and help you succeed with your goals.
ONE-STOP SOLUTIONS FOR REAL ESTATE TRANSACTIONS
Stan Faulkner at Faulkner Law possesses a deep understanding of Georgia’s real estate laws, so your interests will always be protected to the fullest.
Let him assist you with:
- Buy Property
- Sell Property
- Broker a Deal
- Real estate Deal
- Evaluate Real Estate Contracts
- Additional Business Law Services
- Additional Planning Agreements
Call 770-685-9501 to schedule your initial consultation with our real estate development law firm.
REAL ESTATE ATTORNEYS IN ATLANTA
One of the most important times during which experienced attorneys are needed is during a closing. Going through the entire experience of selling a house just to have it fall through during the closing process can be quite frustrating.
Closing (also known as conclusion or settlement) is the final step in executing a real estate deal. After the deal is officially accepted, the final date is placed during the negotiation period and is a couple of weeks. On the final date, the property’s possession will be transferred to the buyer.
At a real estate transaction, the closing is the final mark in the sale and purchase of property during which the deed of title is transferred to the buyer, and the agreed-upon costs are paid. Based on the local practice, the closing is managed by attorneys, realtors, escrow holders, or by title companies. Since this is a very sensitive matter in which much can go wrong, retaining attorneys in Atlanta, such as those at Faulkner Law, can help ensure your interests are protected while minimizing the likelihood of legal disputes.
Real estate attorneys in Atlanta represent clients and help them take care of the property matters, including buying or selling. They generally tailor these services to fit the needs of each of their customers, whether they are the buyer, seller, lender, or realtor.
Our law firm is experienced in managing real estate issues and Partnership & LLC disputes and has been serving many clients throughout Atlanta, Ga.
If you are anywhere in Georgia, including Fulton County, Cobb County, Dekalb County, Gwinnett County, Forsyth County, Stone Mountain, or surrounding areas, and looking for a city attorney to deal with your real estate matter in the Atlanta area, feel free to consult with Faulkner Law – the best Georgia real estate law firm.
Give us a call or submit our contact form to book a free consultation.
REAL ESTATE DISPUTES ATLANTA
These attorneys in the state of Georgia provide a complete selection of services for closings and other real estate transactions. Real estate lawyers like Stan Faulkner have the experience and knowledge to provide sound counsel and legal representation in disputes and real estate litigation in these types of cases.
These disputes include the following:
- Breach of contract
- Easement and boundary line disputes
- Possession and title disputes
- Real estate disputes over real estate throughout the estate administration process
They also include other disputed real estate issues.
The Additional Responsibilities of Real Estate Attorneys
Real estate attorneys also handle the following responsibilities:
- Residential and Commercial Real Estate Transactions
- Drafting, Negotiating, and Reviewing Real Estate Contracts and Agreements
- Reviewing Offering Plans
- Real Estate Financing
- Restrictive Covenants
- Deed Agreements
- Land Use and Eminent Domain
- Easements and Right of Way
- Adverse Possession
- Encroachment and Encumbrances
- Quiet Title Actions
- Homeowners Association
- Cooperatives and Condominiums
- Residential Leases and Subleases
- Construction and Improvements
ATLANTA CLOSING ATTORNEY
It is necessary that parties have appropriate legal representation during a real estate closing process in Atlanta and the State of Georgia. A closing attorney has to sign off all real estate transactions at closing.
Responsibilities of a Closing Attorney
A closing attorney will have several responsibilities during the process, such as title insurance and other title services. First, they will have the title search conducted on the property that is being purchased. The goal of the title search is to verify the property ownership and determine if there are any mortgages or liens that have to be paid before the purchase. That way, the buyer would receive a clear title to the property.
A closing attorney also has to set forth the requirements at closing and issue a commitment for title insurance. Title insurance can protect the buyer if a problem with the title arises in the future. Although title insurance is optional in a real estate closing, it is also highly recommended. In most cases, it’s affordable, as well as worth the expense.
Drafting the closing documents is also one of the lawyer’s responsibilities. These documents should be prepared before the closing date, so the buyer will know the amount of money they need to close the real estate transaction. At the same time, the seller will also know the amount of money they will get at closing. Also, closing documents will contain closing fees and charges for both buyers and sellers, as well as other potential expenses.
The closing attorneys are also responsible for collecting all funds necessary to close, including disbursing the loan of the lender, paying existing expenses against the property, and disbursing the funds to all involved parties according to real estate contracts.
How Can an Atlanta Closing Attorney Help?
Although in other states the title company may handle the closing can handle the closing issues, in the State of Georgia, a licensed attorney needs to be present when closing any real estate transaction.
The help of a well-versed Atlanta closing attorney can be beneficial in real estate closings. The closing attorney can coordinate with real estate brokers, buyers, sellers, parties that hold judgments on the real estate, and other parties involved in a real estate closing process. They can also handle the purchaser’s insurance company, tax department, home inspectors, and the attorney representing the seller.
As you can see, the role of the closing attorney is vital for a smooth closing. However, in order to do that, he or she has to coordinate and communicate with multiple parties as well as handle a lot of issues that have to be addressed.
Planning ahead is crucial to ensure you have covered all of the expenses involved in your real estate transaction. A full-service law firm with extensive experience in real estate transactions as well as real estate litigation such as Faulkner Law can offer knowledgeable guidance through the closing process and make sure all your legal needs are met.
WHY A CLOSING ATTORNEY ATLANTA MAY BE NECESSARY
Buying a home can be an exciting endeavor, but unfortunately, closing attorneys are often a necessity. Even though the process is lengthy, walking away during closing happens frequently.
Panic often begins to creep in after the purchase offer is accepted, and it builds from there. It’s normally a day or two before closing when full-scale terror sets in. Buyers are often inclined to cancel entirely.
Well-written purchase offers usually consist of contract contingencies that must be removed within a certain period of time. This contingency period is the time that allows the homebuyer to cancel the contract before closing. Buyers may walk away before the last moment. Some of the common reasons include:
- The Termite Inspection Reveals Extensive Damage
- The Appraisal Is Not High Enough
- You will find Clouds on the Name
- The Home Inspection Reveals Important Defects
- You Get Out Cold Feet or the Seller Backs
- Your Financing Falls Through
- You Decide You Do Not Want to Stay in a High-Risk Region
- The Residence Is Not Insurable
- There Are Differences Between HUD-1 and Your Good Faith Estimate
- Errors Prevent Closing on Time
Real Estate Closing Attorney Atlanta
Real estate closing attorneys can help navigate the 30 days (or so) between the date the buy offer is accepted and the keys have been handed (commonly known as escrow).
There are many hurdles to overcome during this time. For instance, improperly filled out the paperwork can result in restarting the process from the beginning. These delays can be devastating when your family is moving homes, so consult with an experienced real estate legal representative to avoid this type of issue.
If you are buying, selling, or leasing real estate for your business, your best bet is to look for an Atlanta real estate lawyer experienced in business law practices.
Consult with Faulkner Law, who has been serving various clients across Atlanta, GA, including Fulton County, Dekalb County, Gwinnett County, and other nearby areas.
REAL ESTATE LAWYER ATLANTA
Whether you are selling or purchasing a residential or commercial property, Atlanta GA real estate lawyers can help. They have the expertise and skills to handle every real estate transaction.
Real Estate Law Firms Atlanta
In addition to property transaction services for real estate brokers and mortgage lenders, these types of law firms in Atlanta offer mortgage assistance, secondary market closings, title searches, and lender-borrower legal statements.
Real Estate Lawyers Atlanta GA
Whether real estate lawyers are drafting rental agreements or litigating property disputes in court, members of Faulkner Law take pride in providing tactical solutions for clients at cost-effective prices.
HOW MUCH DO REAL ESTATE ATTORNEYS CHARGE?
Many people wonder whether to retain a realtor or a legal representative who handles real estate. Generally, real estate attorneys may be able to save you money in the short term.
Although you do not legally have to have a real estate agent to buy or sell a home, they are often helpful and can make the process easier. Only a lawyer can perform a title search and do other things like preparing the contract of sale and officially closing the deal. Without a realtor, it’s a good idea to hire a legal representative for the final closing. Plus, developing a relationship with a reputable lawyer can make further decisions (such as how to leave your home to your kids), advice, and representation simpler.
Real Estate Lawyer Consultation Fee
Many real estate lawyers offer an initial consultation without a fee. Regardless of whether you hire a realtor or a lawyer, having professional support is always a good idea.
In fact, sometimes, it is a good idea to have both a realtor and a real estate lawyer. You can expect to pay between $150 and $350 an hour for an experienced legal representative. Some representatives, however, charge a fee per service, such as reviewing a contract or preparing closing files.
CONTACT A GEORGIA REAL ESTATE LAWYER TO CLOSE ON YOUR HOME
To ensure that your home closing goes off without a hitch, contact Faulkner Law.
Firm founder, Stan Faulkner, is a responsive and powerful property lawyer in Atlanta, Georgia with over 18 years of experience. His law firm will help you succeed with your real estate objectives, or assist with other similar matters, from renting or purchasing a new office to a business-related dispute.